BD Finance has introduced Distributor Financing product intended to offer credit facilities to qualified distributors. Using this facility, a distributor can enjoy a larger credit limit with flexible terms and also enjoy cash discount, opportunity cost by managing cash flow more efficiently.
Salient Features:
- Simplicity of documentation and approval procedures
- Provides 100 percent loan facility of approved limit
- Usually for a tenure of 30 to 180 days credit period matching with cash conversion cycle
- Instant payment to supplier’s bank by fund transfer/ CQ
- Steady source of working capital finance
- Increases purchasing power of channel partners
- Improve cash flow of the business
- Avail instant cash discount & opportunity cost
- Expand current business portfolio without trade creditor
